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Showing posts with the label Payment of Unearned Discount

Request for Payment of Unearned Discounts

Dear If you remember, we wrote to you about our terms on open account and are wondering if perhaps the personnel in your  accounts   payable   department   are unaware of these terms. If this is the case, we would appreciate it if you would bring this   letter   to their attention so that we may clear up any misunderstanding in regards to   your account .  The 2%   discount   we offer our customers is only applicable  when the merchandise received is paid for within 10 days of  delivery. We   have been   receiving your payments more than 10 after delivery. While you are under no obligation to pay sooner, this does not entitle you to take advantage of the discount.  Presently, the 2%   discount   is being deducted from the face  of the invoice and our charges for your earlier unearned  discount, which we have added to your   statements , are being  disreg...